This indicator was originally developed by Constance (Connie) M. Brown (Journal of Technical Analysis (Winter-Spring 1994, 45-61): "Derivative Oscillator: A New Approach to an Old Problem").
MACD-AO is programmed by Ruben Jaramillo
MACD-AO , short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
The MACD-AO indicator...
Out of all the indicators created by this brand, this is probably the grandest of them all.
Known as the ‘ZN Reversion Ribbon V2’, for short, this indicator is designed to:
1. Create multiple buy and sell signals
2. Help users gauge the momentum of the price movement.
3. Re-color candles to give users a better understanding of price direction as well as...
I spiced the standard MACD indicator up a bit to make it more visible.
When using the MACD:
1. Never go short when the MACD lines are in the negative.
2. Never go long when the MACD lines are in the positive.
3. Always wait for an uptick / downtick on the histogram before you start your trade.
The MACD Histogram can also show you Divergence.
When the price goes...
Here is a short description. This indicator being free will not have documentation for ALL things. Just the basics. There are 5 indicators included in it which I will not go into how each one works. There is ALOT of info on all the indicators included in here, just use google for that.
📊For each "row" of colored bands this represents one indicator. This is...
This strategy is inspired by ChartArt and jasonluk28.
The following input changes from the initial ChartArt version to achieve higher stability and profit:
Fast MA Len:11
Slow MA len: 24
Stoch Len: 20
No difference is found in minor changes (+-10) lv. of overbought/oversold
It works above 40% winning rate in Heng Heng Index, Shanghai Composite, Dow Jones...
Hello, I made a classic MACD Histogram indicator, with custom alerts and parameters though.
Shapes
Green circles : The MACD histogram is reversing, this is a buy (or Long) signal.
Red circles : The MACD histogram is reversing, this is a sell (or Short) signal.
Green Arrow up : The MACD histogram is enduring a bear fakeout. This is a buy signal.
Red Arrow up : ...
The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a center line. Signals are generated with signal line crossovers, center line crossovers, and...
Ultimate MACD ( UMACD ) includes True MACD fix, normalized MACD, multi time frame, bar coloring, and false cross avoidance options. It can also replicate Bill Williams Awesome Oscillator and Accelerator Oscillator. By default, this indicator is configured to work like the built-in MACD indicator. You need to customize it to your liking. Chart below shows example...
This indicator highlights the market trend Base on Macd...
It's also a multi-time frame indicator, which helps traders to make the best decision.
You can send your feedback and comments to my email address: bj.ajdary@gmail.com
@The_Last_Savior
My Other Scripts in TradingView:
DiNapoli Oscillators 3-in-1 is a Bundle that includes the 3 oscillators used by DiNapoli in just 1 single indicator :
DiNapoli MACD (Dema)
DiNapoli Preferred Stochastic
DiNapoli Detrended Oscillator (DOSC)
This Bundle version includes the following features :
Ability to select which Oscillator to plot: MACD, Stochastic or Detrended
...
DiNapoli MACD (DEMA) is a custom indicator used in the context of identifying the position of strong hands.
This version of the indicator includes the following features :
Show/Hide the Oscillation Lines
Highlight Cross with Signal Line
Show Zero Line
Show Divergences (experimental)
For convenience it also includes Custom Alerts . Now it is...
MACD LINE = 3-period SMA minus 10-period SMA.
Signal line = 16-period Sma of the fast line.
Plot a zero line for reference.
remove histogram.
use sma instead for standard MACD's ema.
Gray cross for Divergences.
![TRXBTC: Cyatophilum MACD Hist [ALERT SETUP]](https://s3.tradingview.com/n/nTOjDIxS_mid.png "Cyatophilum MACD Hist [ALERT SETUP]")
![BTCUSD: Ultimate MACD (UMACD) [cI8DH]](https://s3.tradingview.com/y/YBtWm8i0_mid.png "Ultimate MACD (UMACD) [cI8DH]")
![BTCUSD: MFT MACD Trend [by: Bijan Ajdary]](https://s3.tradingview.com/p/Pu6lYH6q_mid.png "MFT MACD Trend [by: Bijan Ajdary]")
![EOSBTC: [ProfitTrailer] MACD Study](https://s3.tradingview.com/3/31Wg6nYc_mid.png "[ProfitTrailer] MACD Study")
